세계의 자동차용 배터리(Automotive Battery) 시장 규모는 2023년 512억 1,000만 달러에서 2031년 770억 6,000만 달러에 달할 것으로 예상되며, 2024-2031년 예측 기간에 CAGR로 5.24%로 추이하며 성장 할 것으로 예상됩니다. 신흥 경제국의 자동차 부문 확대와 함께 전기 자동차(EV)의 채택률이 높아지면서 자동차 배터리 시장의 성장 전망이 높아질 것으로 예상됩니다. 배터리 수명 연장, 리튬 이온 배터리 기술 업그레이드, 플렉시블 배터리 생산에서 통합 기술까지 연구 개발(R&D) 시설의 확대로 이 분야는 번창하고 있습니다. 내연기관(ICE) 차량에서 배터리의 유일한 기능은 엔진 시동과 보조 부하인 반면, 전기차와 HEV는 시스템에 1차 전력과 에너지를 공급하기 위해 더 강력한 배터리를 요구합니다. 따라서 전기차에 대한 수요 증가는 자동차 배터리 판매량 증가로 이어지고 있습니다. 시장은 납축, 리튬 이온, 솔리드 스테이트 배터리와 같은 장거리 배터리에 대한 기능을 합니다. 전고체 배터리는 리튬 이온 배터리에 비해 더 높은 에너지 밀도, 연장된 수명, 향상된 안전성을 약속하며 잠재적으로 파괴적인 기술로 부상했습니다. 그러나 리튬 이온 배터리는 여전히 채택률이 높고 배터리 관리 시스템과의 호환성이 우수하기 때문에 시장을 주도하고 있습니다.
전기차(EV)의 판매 증가는 저렴한 가격과 환경에 미치는 영향이 적기 때문일 수 있습니다. 특히 신흥 경제국에서 기존(내연기관) 차량의 판매 증가는 또 다른 성장 촉진 요인으로 작용하고 있습니다. 전기차의 보급이 증가함에 따라 배터리의 재활용과 지속 가능성에 대한 중요성이 더욱 강조되고 있습니다. 이에 따라 보다 친환경적인 재활용 방법의 개발과 사용 후 배터리 재료의 재사용이 필요해졌습니다. 전기차 모델로의 전환에 따라 배터리 제조, 사용 및 폐기에 따른 환경적 영향을 해결하는 것은 필수적입니다. 지속 가능한 배터리를 홍보하면 기업의 브랜드 이미지가 향상되고 환경에 민감한 고객을 유치할 수 있습니다. 따라서 공급업체들은 재활용이 가능하고 지속 가능한 배터리 솔루션을 생산하고 있습니다.
2023년 5월 LOHUM과 ACKO는 EV의 장기 배터리 보증 보험 하에서 배터리를 재사용하고 재활용함으로써 제휴했습니다. 이 개발은 양사가 소비자를 위한 배터리 보험 및 대출 가격을 최적화할 것으로 예상했습니다. 이번 제휴로 ACCO는 EV용 배터리의 성능 보증 보험을 OEM 각사에 제공합니다. 또한 성능과 관련된 문제에 대한 편리한 보상 프로세스도 제공합니다.
북미와 아시아 태평양과 같은 지역에서는 EV 충전소의 급속한 확대가 EV 소유자를 지원하고 EV 매출 증가를 향해 성장을 가속하고 있습니다. 배터리 제조업체의 주요 과제는 주행 거리를 늘리고 충전 시간을 단축하는 것입니다. 이에 따라 배터리 화학, 전고체 전지, 에너지 밀도가 높은 재료의 진보가 항속 거리와 효율 향상을 실현하고 있습니다. 턴어라운드 시간의 단축과 함께, 변화가 빠른 기술에 대한 수요가 높아지고 있습니다. 이러한 수요에 부응하기 위해 배터리는 더 높은 충전 전류를 견디고 안전성과 수명을 손상시키지 않고 급속 충전을 수행해야 합니다. 또한 충전 및 분리 프로세스를 최적화하기 위해 배터리 관리 시스템(BMS) 통합도 필수적입니다. 결과적으로 호환되는 배터리 기술에 대한 수요도 증가하고 있습니다. 또한 장거리 전기 버스와 공유 택시 도입으로 대중 교통이 변화하고 있으며 시장 성장을 가속하고 있습니다.
2023년 10월, Scania는 Busworld에서 주행거리 500km의 새로운 배터리 전기 버스 플랫폼을 출시했습니다. 새로운 플랫폼은 처음에는 최대 416kWh 용량, 주행거리 400km의 4배터리 모델과 최대 520kWh 용량, 최대 500km 주행거리의 5배터리 옵션인 엔트리급 4x2 버스 모델로 출시될 예정입니다.
세계의 자동차용 배터리(Automotive Battery) 시장에 대해 조사 분석 했으며, 시장 규모 및 예측/시장 역학/주요 기업 상황 및 전망 등 정보를 제공합니다.
Automotive battery market is projected to witness a CAGR of 5.24% during the forecast period 2024-2031, growing from USD 51.21 billion in 2023 to USD 77.06 billion in 2031. The higher adoption of electric vehicles (EVs), along with the expanded automotive sector in emerging economies, are expected to propel the growth prospects for the automotive battery market. The sector flourishes as the extended research and development (R&D) facilities work towards increasing the life cycle of batteries, upgrading lithium-ion battery technology, and producing flexible batteries to integrated technologies. While the battery's only functions are engine start and ancillary loads in internal combustion engine (ICE) vehicles, the EV and HEVs demand stronger batteries to provide primary power and energy to the system. Thus, the increasing demand for EVs is leading to higher automotive battery sales. The market functions for a long range of batteries such as lead acid, li-ion, and solid-state batteries. Solid-state batteries have emerged as a potentially disruptive technology, promising higher energy density, extended life span, and enhanced safety compared to lithium-ion batteries. However, the lithium-ion battery still leads the market space due to higher adoption and better compatibility with battery management systems.
The increasing sales of EVs can be attributed to the affordable rides and their lower impact on the environment. The increased sales of conventional (ICE) vehicles, especially in emerging economies, are acting as other growth-inducing factors. As the prevalence of EVs has grown, there has been a heightened emphasis on the recycling and sustainability of batteries. This has necessitated the development of more eco-friendly recycling methods and the reutilization of spent battery materials. With the shift to EV models, addressing the environmental implications of battery manufacturing, use, and disposal is imperative. Promoting sustainable batteries improves a company's brand image and attract environmentally conscious customers. Hence, the vendor companies are producing recyclable and sustainable battery solutions.
In May 2023, LOHUM and ACKO partnered to reuse and recycle batteries under the EV extended battery warranty insurance. The development is expected to help the companies optimise the battery insurance and financing price for consumers. Under the terms of the agreement, ACKO will maintain its performance warranty insurance coverage for EV batteries to various OEMs. It will also provide a convenient redress process for performance-related issues.
The rapid expansion of EV charging stations in regions like North America and Asia-Pacific is helping EV owners and promoting growth for higher EV sales. The major agenda for battery manufacturers is increasing mileage and reducing the charging time. In line with this, advancements in battery chemistry, solid-state batteries, and energy-dense materials are making it up for increased range and efficiency. The demand for fast-changing technology is increasing with faster turnaround times. To meet these demands, batteries must withstand higher charging currents and provide rapid charging without losing on safety or longevity. Additionally, integration of battery management systems (BMS) has also became essential for optimized charging and disconnection processes. As a result, the demand for compatible battery technology is also increasing. Furthermore, the public transport is transforming with the introduction of high-range electric buses and shared taxis, thereby favoring the market growth.
In October 2023, Scania launched new battery-electric bus platform with 500 km range at Busworld. The new platform will initially be available in low entry 4x2 bus models - a 4-battery model with a capacity of up to 416 kWh and a range of 400km, and a 5-battery option with up to 520 kWh capacity and a range of up to 500km.
As nations around the world have started adopting alternative fuel measures, the sales of EVs have spiked. Due to this, governments worldwide are focusing on incentivising and subsidizing battery manufacturing companies to make the battery technology more sustainable, efficient, and productive. They also alert the manufacturers about the emissions during battery production, thereby supporting a sustainable approach. Higher fuel prices, new tariffs, and the Russia-Ukraine war have pushed authorities to alternative fuel options. The race of becoming dominant in EV manufacturing and adopting green technology have enabled government authorities to invest in private-public partnerships (PPP) or aid companies with conditional loans.
In June 2023, Ford Motor Co. got a government loan of USD 9.2 billion to help United States compete China's EV dominance. The loan has been disbursed for constructing Ford's three battery factories. These factories are expected to supply Ford's extension of Evs fleet present in Kentucky and Tennessee. This production line is under a joint venture named Blue Oval SK, owned by Michigan automaker and South Korean Giant SK On Co.
Based on battery type, lithium-ion battery performs significantly well due to its compatibility, operationality, and energy density. Apart from li-ion automotive batteries, the solid-state batteries also perform well in the market. These batteries are likely to revolutionize the battery market with faster charging and high-range performance. Higher compatibility with battery management systems, high energy density, and easy availability makes li-ion the industry leader in terms of battery type. Energy density is a measure of the amount of energy stored in a unit volume/weight. The greater the energy density of a battery, the less weight it requires for the same distance, thus reducing the vehicle's weight. Energy density determines the vehicle's range, while power density determines its performance, i.e., the speed at which the vehicle is moving. Lithium cobalt oxide battery is the most energy-dense of all batteries.
In April 2023, Log9 unveiled India's maiden commercial Li-ion cell production line in Bengaluru. The line is expected to have an initial capacity of 59 MWh. The new plant will produce batteries for EVs as well as energy storage. The initial capacity of the plant is estimated to be 50 MWh/h. The focus of the plant will be on the production of LTO and LFP cell batteries.
Asia-Pacific holds a significant share in the automotive battery market due to emerging economies like China and India. New companies developing advanced battery technology with higher range and faster charging are also getting popular in the region. The rising gasoline prices due to inflation, Russia-Ukraine conflict, and other conditions are pushing end users to look for EVs with higher mileage. Governments of India, Thailand, and Malaysia are constantly partnering with private charging providers, furthering the positive landscape for market.
For instance, in October 2023, Reliance showcased swappable, multipurpose batteries for EVs. The batteries can be exchanged at Reliance's battery swap stations or recharged by homeowners using rooftop solar panels.
In August 2023, Autel Tech, a leading manufacturer of EV chargers held 2023 Autel APAC partner summit for its partners in Asia-Pacific. Autel APAC's growth has been multi-regional, covering key countries such as Australia, Singapore, Malaysia, and Indonesia. Furthermore, several startups and automotive giants of India are setting their battery plants and launching advanced battery systems to propel nation's lead in EV revolution.
The automotive industry, including battery production, has been affected by supply chain disruptions due to lockdowns, restrictions, and transportation and logistics issues. This has led to reduced production of components, raw materials, and finished products. Economic uncertainties, job losses, and changing consumer behavior have led to a decline in demand for new vehicles and batteries. The pandemic accelerated trends in electric and hybrid vehicles and advanced battery technologies. The disruptions underscored the need for resilient supply chains and government support for the automotive sector.
The Russia-Ukraine war impacted the global battery production as raw materials shipped through Russia and Ukraine were one a halt. High tariffs and business sanctions on Russia also impacted the raw material availability. Though, the increased gas prices due to the Russia-Ukraine war helped in the higher sales of EVs around the world, the conflict disrupted the supply chains of materials necessary for battery production. For instance, Ukraine is a significant source of raw materials for battery components, such as lithium, cobalt, or nickel. Any disruption in the region could affect the availability and cost of these materials.
The automotive battery market holds potential for new entrants, while established key player focus on enhancing the supply chain and technological advancements. The competitors experiment with pricing, battery range, charging time, and longer shelf life to get an edge over each other. New research facilities, government partnerships, and collaboration with other key players are some of the strategies that key companies focus on. Solid-state battery technology is being researched and developed by industry players as it holds the potential to be more energy-efficient, longer-lasting, and safer than lithium-ion batteries.
In July 2023, Toyota revealed its new solid-state EV battery with a range of 745 miles, cutting emissions by 39%. The company plans on commercializing the solid-state battery technology by 2027. Toyota emphasized that this breakthrough would allow the company to reduce the size, cost, and weight of EV batteries by half. This achievement is expected to lead to substantial reductions in charging times to 10 minutes or less, coupled with an impressive increase in the driving range to 1,200 kilometers (745 miles).
In July 2023, SVOLT Energy Technology Co. Ltd. started the construction of battery factory. The annual production capacity is likely to be around 60,000 module packages. The planned plant will not be built from the scratch, but rather a leased facility that will be adopted to meet the production requirements. This accounts for the relatively short timeline between the current commencement of construction and the goal of competing within six months.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.